(Health-NewsWire.Net, June 12, 2018 ) The Urinary Catheter market is anticipated to grow at a CAGR of 8.6% and reach US$ 4.81 Bn by 2025.
Urinary Catheter is a medical device used to drain urine from bladder into drainage bag. These catheters are used during surgeries and by patients with spinal cord injury, urinary incontinence, bladder dysfunction, and benign prostate hyperplasia (BPH). It is inserted in the lower part of the stomach through a tube that carries urine from the bladder. Some of the common types of urinary catheters include foley, condom, and intermittent catheters.
Growth in the number of surgical procedures and urinary incontinence are the major drivers which are likely to anticipate the growth of urinary catheter market. Rising per capita healthcare expenditure, technological advancements, and positive reimbursement policies for urinary catheterization are likely to add new opportunities for this market in the coming years.
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The “Global Urinary Catheter Market Analysis to 2025” is a specialized and in-depth study of the Urinary Catheter industry with a focus on the global market trend. The report aims to provide an overview of global urinary catheter market with detailed market segmentation by product, application, gender, end user, and geography. The global urinary catheter market is expected to witness lucrative growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
The Urinary Catheter market report provides a detailed overview on the industry including both qualitative and quantitative information. It provides overview and forecast of the global urinary catheter market based on product, application, gender, and end user. It also provides market size and forecast till 2025 for overall urinary catheter market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 countries globally along with current trend and opportunities prevailing in the region.
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The Urinary Catheter market report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions.
The Urinary Catheter market report also includes the profiles of key urinary catheter manufacturing companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years. Some of the key players influencing the market are Boston Scientific Corporation, Medtronic PLC, Convatec Group PLC, International, Inc., Urocare Products, Inc., Cure Medical, LLC, Medical Techologies of Georgia, Bactiguard, B. Braun Melsungen AG, and Hollister Incorporated among others.
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